On August 8th, Japanese beauty giant Shiseido Company Limited announced its key performance data for the first half of the fiscal year ending on June 30, 2023. Net sales increased by 0.2% year-on-year to ¥494.2 billion, showing a 4.2% decrease when excluding the impact of exchange rates, and an 8.5% increase on a comparable basis after excluding the effects of business transfers.
Regarding the performance in the mainland China market, the group stated that despite the challenges faced at the beginning of the year, the mainland China market rebounded in February and demonstrated stable …
